Is the futures market getting ahead of itself on rate hikes?

This market analysis discusses sticky prices and concerns about the Federal Reserve's credibility.

UBS reactivated its Global Supply Chain Stress Index due to alarming deterioration, citing disruptions in the Strait of Hormuz and a deepening energy crisis.

Dow, S&P 500, Nasdaq futures drop on inflation concerns.

A top economist argues that the Fed is overlooking the true inflation threat, which is not tariffs or the Iran oil shock, implying potential misjudgment in monetary policy.